Tag Archives | Private Sector

The Struggle for Iran’s Largest Private University

By Zep Kalb for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Struggle over Iran’s Largest Private University Heats Up On April 23, hours after the conservative daily Kayhan proclaimed that “[Islamic] Azad University is awaiting major restructuring,” four members of the institution’s nine-member board of trustees […]

Private Sector having hard time Financing Expansion

By Navid Kalhor for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The Islamic bond market in Iran was first kick-started in 2011, with Mahan Air’s issuance of ijara sukuk on the over-the-counter Iran Fara Bourse (IFB) to finance its purchase of […]

Why Iran’s Private Sector hasn’t Benefited from Privatization

By Navid Kalhor, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Privatization in Iran only effectively started in 2001. Five years later, in 2006, Supreme Leader Ayatollah Ali Khamenei backed a constitutional amendment — the Law on Implementation of General Policies of Article 44 of the Constitution […]

New Iranian Oil Companies to Be Formed Soon

The Deputy Head of National Iranian Oil Company (NIOC) for Development and Engineering Affairs, Gholam-Reza Manouchehri, says once the new oil contracts are implemented, non-governmental oil companies will be formed. Manouchehri made the remarks in a meeting with the upstream oil and gas companies. He recalled Mina tragedy and said Saudis and their allies are […]